In Re Engebregtsen

MEMORANDUM DECISION ON DEBTORS’ OBJECTION TO CLAIM

MARGARET DEE McGARITY, Bankruptcy Judge.

This matter comes before the court on the debtors’ objection to claim no. 4, filed by WFS Financial. The court has jurisdiction under 28 U.S.C. § 1334 and this is a core proceeding under 28 U.S.C. § 157(b)(2)(B). This decision constitutes the court’s findings of facts and conclusions of law under Fed. R. Bank. P. 7052.

BACKGROUND

The debtors filed this chapter 13 case on May 9, 2005. WFS Financial, the holder of a lien in the debtors’ F-150 pickup truck, filed a proof of claim in the total amount of…